Quote: Originally posted by LottoIntuitive on Sep 5, 2023
Let's talk numbers...again.
I have to reiterate this stuff as best as I can so people can digest it.
Using the martingale betting system is basically a financial plan for playing the lottery and gambling/investing in general. From the beginning, you must decide if you are going to play like a gambler or like an investor. You must answer how badly you want to learn & succeed because it will require more discipline than you are probably used to. Think about if you were already using compound interest to your advantage you probably would not be here.
Some people are not tired enough of losing yet.
It was only when I got tired enough of losing more than I won that I started disciplining myself to learn and do this basic stuff. It's like losing weight when you know you need to lose weight. You are only going to lose weight when you get tired enough of being over weight especially if your biggest problem is your own self discipline to go beyond your comfort zone to eat healthier and exercise better and more often.
When you get tired enough of losing you'll stop making excuses.
A Martingale Betting chart lets you know...
-how much it's going to cost to play whatever number of combos you are playing for however long you can afford to play,
-how much you are going to win,
-how much profit you are going to make,
-and the Return On Investment (ROI) you will make. I want to at least double my money so I want to double my ROI and make sure I make a minimum 100% return when I win.
These are basic things players need to know before they play. Get organized. Have a plan in place before you play so you can win more money than you lose over time.
Using a Martingale Betting chart when you play lets you know how you are going to compound your interest.
People mainly complain and using a Martingale Betting system because their strategy sucks so they probably don't win within their budget enough to make a profit so they give up on it. Mastering a strategy is step 1 to playing the lottery.
You will lose more than you win until you complete step 1. There is no skipping around step 1. Are you understanding the words that are coming out of my fingers right now? Either you master a strategy yourself or you play the forecasts of someone that has obviously mastered a strategy.
This is I make all those who join the Predictor's League post their forecasts here so people can easily see and count our wins and losses in one place. I wouldn't trust you either if I could not see the track record your prediction performance. If you actually want to use the lottery to produce an income on a regular basis then you need to know this basic information.
Play withing your budget.
What does that mean? How do I play within my budget?
I'm trying to empathize more and explain things better so I'm trying to remember what I wanted to know back when I didn't know how to win on a regular basis. What did I want to know without all the BS.
If I'm going to risk my money playing someone else's forecast then I need to know details and specifics. Most people will not give you this information especially for free. I'm only giving it out because I know how it feels to be tired enough of losing to be motivated enough to seek wisdom.
Wisdom is everything. Forget the money. Seek wisdom then the money will go out of its way to find you. If you had the wisdom to get the money then you'd already have the money. You don't have the money because you are probably not tired enough of losing the money.
Ok I'm ranting. I don't want to rant (too much). I'm passionate about what I do. Using by ability to predict is actually a part of my calling in life. I posts forecasts and give out information for free. I don't need your money because I can make it on my own. My calling involves helping people to not need help. I prefer to give people fish (for a limited time only) as I teach them to fish so they can teach more people to fish. I don't want (a significant majority of) people dependent on people to survive and thrive. Let's make people independent so that they can take care of themselves and their loved ones by themselves.
I understand the power of mastering a strategy and how using that power can change your financial life and the people around you.
I will only give more details about my strategies to predictors who join the Predictor's League. For everyone else, you just have to wait until someone in the League to post a forecast for us to play.
Use the Martingale Betting chart above to double your money when you win.
Ohhh I remember what I wanted to say. I almost forgot. I want to give another example how to play within your budget.
I'll use my level 2 forecast that took longer than 25 drawings to win as an example which was Forecast #38 Level 2.
I'm making this so people with at least a $1,000 budget can play. I know the majority of lottery players do have a $1,000 budget. However, I do know they raise the money to get $1,000 budget just by stop wasting money. Let's not kid ourselves. People blow more than $1,000 in a year. Everything really depends on on bad you want to use compound interest to your advantage so you can have money coming in whether you work or not. Again, you can play the lottery like a gambler or you can play it like an investor. Realize you make this decision every time you play.
Ok so, if my budget is a $1,000 and I'm playing Forecast #38 Level 2, I'll create a Level 2 Martingale Betting chart so I can see how many drawings I play with $1,000 budget.
As you can see on the chart below, with $1,000 budget I can play up to 14 drawings which costs $769.12.
Knowing how many drawings in a forecast per day is important because it determines how long it will take to win. You need to know how long you must put your money into something to let it sit there and grow.
There are so many ways you can wager. This is why I say in my signature Step 1: Master a profitable strategy. Step 2: Master compounding winnings. You pretty much have master a wagering strategy so you can compound your winnings by reinvesting.
This part of the game is about Step 2.
All forecast posted here in the Predictor's League thread are required to win within 25 drawings to be counted as a winning forecast.
What I like to do is what I call pretesting.
Pretesting is simply letting drawings go by before you start playing. Yeah, I know lottery companies do pretesting before lottery drawings but this has nothing to do with that. This is my own thing that I do.
You can wager however you want in whatever way that works for you.
What I took years learning that works for is this.
I had to create a similar strategy that I can use for each Level of forecast that I'm playing. What I do for Level 2 forecast is similar but not the exact same as what I do for Level 5 forecasts because Level 2 forecasts cost more money to play.
This is what I mean when I say I practice winning within 25 but I budget to play for more drawings that expected. You have to have a plan in place in case the forecast takes longer to win than expected. If not if it takes longer to win it's WHEN it takes longer. It's going to happen. When I got tired enough of losing money I developed this plan and it has worked for me over the years.
To plan ahead in case the forecast takes longer than 25 drawings to win, what I like to do with $1,000 budget is figure out how many drawings I can afford to play with something like $100.
For Level 2 forecasts, with a $100 budget I can play up to 8 drawings which cost $95.48
25 drawings - 8 drawings = 17 drawings.
So I'm going to look at the drawing schedule in Forecast #38 and let 17 drawings go by before I start playing at Drawing #18.
Drawing Schedule (for Forecast #38)
Day 1: Tuesday
Drawing #1: 8/29 TX EVENING drawing:
Drawing #2: 8/29 OH EVENING drawing:
Drawing #3: 8/29 NC EVENING drawing:
Day 2: Wednesday
Drawing #4: 8/30 TX MORNING drawing:
Drawing #5: 8/30 GA DAY drawing:
Drawing #6: 8/30 VA DAY drawing:
Drawing #7: 8/30 NC DAY drawing:
Drawing #8: 8/30 TX EVENING drawing:
Drawing #9: 8/30 OH EVENING drawing:
Drawing #10: 8/30 NC EVENING drawing:
Day 3: Thursday
Drawing #11: 8/31 TX MORNING drawing:
Drawing #12: 8/31 GA DAY drawing:
Drawing #13: 8/31 VA DAY drawing:
Drawing #14: 8/31 NC DAY drawing:
Drawing #15: 8/31 TX EVENING drawing:
Drawing #16: 8/31 OH EVENING drawing:
Drawing #17: 8/31 NC EVENING drawing:
Day 4: Friday
Drawing #18: 9/1 TX MORNING drawing:
Drawing #19: 9/1 GA DAY drawing:
Drawing #20: 9/1 VA DAY drawing:
Drawing #21: 9/1 NC DAY drawing:
Drawing #22: 9/1 TX EVENING drawing:
Drawing #23: 9/1 OH EVENING drawing:
Drawing #24: 9/1 NC EVENING drawing:
Day 5: Saturday
Drawing #25: 9/2 TX MORNING drawing:
This forecast did not win within 25 drawings. It won on the 28th drawing in the the 9/2 NC day drawing.
Drawing #26: 9/2 GA DAY drawing:
Drawing #27: 9/2 VA DAY drawing:
Drawing #28: 9/2 NC DAY drawing: 373
So to play from Drawing #18 and keep playing up to Drawing #28 took 10 drawings to win the forecast.
Look at the Martingale chart again. 10 drawings cost $191.62. The winnings were $384. The profit was $192.38 and the ROI was >=100% so I slightly more than doubled my money.
I encourage you to ask questions so you can gain a better understand. I'll answer what I can as fast as I can. Don't just sit there not knowing what to do an wondering why you lose more than you win.